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OR 94-640 Abolishes Municipal Utility Dist.1 & services will be performed by the CityAN ORDINANCE OF THE CITY OF COPPELL ORDINANCE NO. 94640 TEXAS ORIGINAL COPPELL, TEXAS, AN ORDINANCE OF THE CITY OF COPPELL, TEXAS ABOLISHING THE COPPELL MUNICIPAL UTILITY DISTRICT NO. 1 (DISTRICT); PROVIDING THAT THE SERVICES FORMERLY FURNISHED AND FUNCTIONS FORMERLY PERFORMED BY THE DISTRICT WILL BE FURNISHED AND PERFORMED BY THE CITY; PROVIDING THAT THE PROPERTY AND OTHER ASSETS OF THE DISTRICT SHALL BE VESTED IN THE CITY; PROVIDING THAT THE LIABILITY FOR BONDS AND OTI tER OBLIGATIONS OF THE DISTRICT SHALL BE ASSUMED BY THE CITY; PROVIDING THAT THE CITY COUNCIL SHALL LEVY AND COLLECT TAXES ON ALL TAXABLE PROPERTY IN THE CITY IN AMOUNTS SUFFICIENT TO PAY THE PRINCIPAL AND INTEREST ON SUCH OBLIGATIONS; PROVIDING A REPEALING CLAUSE; PROVIDING A SEVERABILITY CLAUSE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the CoppelI Mt!niciixd Utility District No. 1 (the "District") was initia|ly created by the City of CoppeI1 wholly within the boundaries of the City of Coppell; and WttEREAS, the City Cokmcil of the City of Coppell finds and determines that the Coppcll Municipal Utility District No. 1 is no longer needed, and the sexMces furnished and functions performed by the 1)ist~ ~ct can be furnished a3d performed by the City; and WHEREAS, the City Council of the City of Cop?ell further fi.~ds and determines that the abolition of the District is in the best interests of the residents and property in the municipality and the District; NOW TItEREFORE, lIE IT ORDAINED BY THE CITY COUNCIL OF TIlE CITY OF COPPELL, TEXAS SECTION 1: On a w>te of at least two-thirds of the entire membership of the City Council of the City of Coppell, Texas, the City Council finds the Coppelt Municit>al Utility District No. 1, located wholly within the corporate city limits of the City of Coppell, is no longer needed and the services furnished and fkmctions performed by the District can be furnished and performed by the City of CoppclI, Texas and the abolition of the District is in the best 9t l I 8 03025 interests of the residents and property in the City and in the District. SECTION 22,: Based upon such findings, the City Council of the City of CoppeIl hereby abolishes the Coppell MunipaI Utility District No. 1, in the manner provided by Section 43.074 of the Texas Local Government Code. SECTION 3: That upon the adoption of this ordinance, the City of Coppell shall hereafter perform the services and finctions that were performed by the District. SECTION 4: That upon the adoption of this ordinance, the property and other assets of the District are hereby vested in the City of Coppell, and the liability for bonds and other obligations of the District, if any, are hereby asstuned by the City of Coppell. SECTION 4: That upon the adoption of this ordinance, the City shall leW and collect taxes on all taxable property in the City in amounts sufficient to pay the principal and interest on the obligations of the District assumed by the City, if any, as such principal and interest becomes due and payable. SECTION 5: That the City Secretary is directed to publish this ordinance in its entirety one time in the City's official newspaper. SECTION 8: REPEALING CLAUSE That all provisions of ordinances of the City of CoppcI1, Texas, in conflict with the 2 -? provisions of this ordinance be, and the same are hereby, repealed, and all other provisions not in conflict with the provisions of this ordinance shall remain in full force and effect. SECTION 9: SEVERABILITY CLAUSE That should any sentence, paragraph, subdivision, clause, phrase or section of this ordinance be adjudged or held to he unconstitt~tional, illegal or invalid, the same shalI not affect the validity of this ordinance as a whole, or any part or provision thereof other than the part so decided to be uncor~stitutionaI, illegal or invalid, and shall not affect the validity of the Ordinance as a whole. SECTION 10: EFBECTIVE DATE Subject to the requirement of publication of this ordinance, this ordinance shall take effect immediately from and after its passage. DULY PASSED by the City Council of the City of CoppelI, Texas, this the '.~. r74-d ,199.4 day of ~ APPROVED AS TO FORM: PETER G. SMITH'; CITY A'FI'OI~N EY APPROVED: TOM MORTON, MAYOR ATTEST: ECRE'FARY, 3 AGG052C2 9ti118 03027 88080